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could take off within weeks. in japan, aviation officials want further investigation. samsung is introducing more than just a new smartphone. the tech company has named two new co- ceos, bringing its total up to 3 chief excutive officers. with great fanfare last thursday, samsung unvieled its galaxy s- 4, which runs on google's android platform and is meant to do battle against apple with a 5-inch touch screen and technology that allows your eyes to move the screen. but, in the face of a downgrade and the new competition, apple shares rallied $1 friday. it's a busy week for ipos. kicking off the list, nursing facility aviv reit, a company that provides conference calls; west corporation; and on-demand digital ad management firm marin software. some biotechs are also set to launch ipos: enanta pharmaceuticals, tetraphase pharmaceuticals and lifesciences company model "n." it's a no-go for john paulson's move to puerto rico. rumors of a move popped up when paulson, a billionaire hedge fund manager, was reportedly looking at real estate opportunities on the island. a new law woul
the rivalry of apple and samsung try to step up sales. we'll tell you why both companies are going fashion forward to try to attract buyers. >>> and you might love yoga, but do your yoga pants love you? a type of popular pants from a well liked retailer are being recalled for showing just a little too much. i'm kristi smith. we'll have reaction coming up. >0 people killed in baghdad today, 10 years to the day the u.s. waged war in iraq. during that decade, the numbers staggering. more than 4400 americans have died. 100,000 iraquis killed in the effort to bring down saddam hussein and ultimately establish democracy there. tracie potts in washington, d.c. with a look back and a look ahead at our military strategy 10 years later. >> reporter: ten years later bombs are still exploding in iraq. just this morning mangled wreckage from multiple deadly car bombs, targeting restaurants, day laborers and bus stops, vestiges of war some say was worth it. >> you left saddam in charge of iran, no end in sight. >> his removal was good for the world. >> even without weapons of mass destruction, saddam hu
that the samsung galaxy s4 has been unveiled. we'll speak to someone in the business of consumer electronics trade-in and we head to break this morning. bright spot. look at jc penney and melissa lee pointed this out to us. what's going on with jcp? >> somebody get herb greenberg on the phone. >> if jc penney converted to reitlike units it could go out to other retailers and that would make it $46 a share with $40 accorded to the reit part of the business. >> here you go. >> it's why we're the best in the business. we're back after this. ♪ ♪ [ female announcer ] you're the boss of your life. in charge of long weekends and longer retirements. ♪ ask your financial professional how lincoln financial can help you take charge of your future. ♪ how lincoln financial can help you take charge of your future. investor. yeah, ibut i'm a busy guy.or it used to be easier but now there are more choices than ever. i want to know exactly what i am investing in. i want to know exactly how much i'm paying. i want to use the same stuff the big guys use. find out why nine out of ten large professional invest
loopholes. >> iphone, apples fighting back as blackberry and samsung pile on. >> a tight market. it's down to the floor of the new york stock exchange to check in with nicole, and stocks well off the low of the day, seems the initial shock is wearing off. do you agree? >> well, certainly, we are up off the lows of the day with an extremely strong dollar when we started today. that's come back a little bit. of course, the euro at four month lows, and there are continued concerns about cypress, the banks, the eurozone, and just the global picture financially. the dow, right now, at 14500, trading as low as 14404. cypress is a big concern. china is a big concern. they said china's economy is showing symptoms that sparked the crisis in 2008, the warning and saying they risk financial crisis. obviously, concerns about china. i'm going to stick to the cypress theme and put it together. the vix, fear index popped. you see the 1275 right now, up 17%. at one point, up 13%. right now, let's look at the financials because they certainly reacted. in some cases, dramatically, and the idea of them taxin
. boeing has i issued layoff notices yet. san jose wants to keep samsung and the silicon valley. the city council is expected to approve 7 million in incentives to keep the company from moving to texas. a proposed expansion of samsung san jose facility will replace existing offices with a modern research and development campus totaling 680,000 square feet to two distinctive tan story towers. samsung semiconductor has been based in san jose since 1986. >> 6178 m there are few signs of spring and some parts of the midwest, where a storm has dumped up to a foot of snow from eastern kansas to misery. about 100 flights were canceled at lambert field in st. louis yesterday. you can see planes being the eyes in kansas city on the top right. the bottom right of colorado springs, which also saw a few inches of snow or the weekend. the storm is moving east and with the storm warnings advisory have been issued as far east as pennsylvania. >> we did see some light wane as the moving closer to the weekend. temperatures currently are in the 30's 40's and 50's. a little cooler for the north bay valleys.
for emergency crews on the scene there. >> thank you, 5:39. samsung is trying to decide between the golden state and the lone star state. what is at stake for silicon valley as the south korean company is ready for an expansion. >> the event bringing thousands of gamers and game developers together in one place today. together in one place today. that one [ male announcer ] citibank's app for ipad makes it easy for anne to manage her finances when she's on the go. even when she's not going anywhere. citibank for ipad. easier banking. standard at citibank. to deposit checks from anywhere. [ wind howling ] easier than actually going to the bank. mobile check deposit. easier banking. standard at citibank. santa rose, berkeley, and shows, and all the bay area this is abc7 news. >> good morning, at 5:42. it is monday. here is traffic on 680, at walnut creek. it looks fine. it is dry. maybe a touch windy. can you see the wind in the bouncing camera shot. we will talk with lisa about the weather and sue hall and the commute. >> same-sex marriage and the long road to the supreme court reaches the destin
incentive package for samsung. the deal was outlined back in august at this city hall ceremony with governor jerry brown, mayor chuck reed, and samsung executive. the city of austin, texas by the way offered similar incentives in an effort to get samsung to move there. >>> after seven long years and spending millions of dollars the new devil's slide tunnels are set to open today. alex savidge is there where a ceremony is scheduled in a couple hours. alex. >> reporter: this is certainly a relief to people who drive this stretch of roadway. later on today crews are set to unvail these two new tunnels. you can see the sign right now says tunnel closed. but in just a matter of hours folks will be driving through there. this will be the highway 1 bypass at devil's slide. this is a $400 million project that features two bores through the mountain. the tunnels allow drivers to avoid a section of highway 1 that has been notorious for rock slides and mud slides. it has closed the road months at a time. devil's slide has been the site of deadly accidents as well. some drivers have gone down the cliff
incentive package for samsung semi conductor. the deal was outlined in a signing ceremony with city hall governor jerry brown, mayor chuck reed, and samsung electronic executive. it includes tax breaks and equipment reimbursements. the city of austin, texas offered similar incentives trying to get samsung to move there. >>> the long awaited devil's slide towns could open as early as today. alex savidge is joining us live in pacifica where the ceremony will be hold in a few hours. alex. >> reporter: after eight years of drilling and digging and tod these two new tunnels. this is the highway 1 bypass heres at the devil's slide. these tunnels brand new. take a look at them. live this morning. they are just shy of a mile long and they will create a safe and problem free way for people to get between pacifica and the half-moon bay area. this is a $400 million project that features to bores through the mountain. the tunnel allows drivers to avoid a section of highway 1 that has been plagued over the years by mud slides and rock slides. in many cases those slides have closed the two lane road f
city council is expected to approve a $7 million incentive package for samsung. the deal was outlined back in august at this city hall ceremony with governor jerry brown, mayor chuck reed, and samsung executive. the city of austin, texas by the way offered similar incentives in an effort to get samsung to move there. >>> after seven long years and spending millions of dollars the new devil's slide tunnels are set to open today. alex savidge is there where a ceremony is scheduled in a couple hours. alex. >> reporter: this is certainly a relief to people who drive this stretch of roadway. later on today crews are set to unvail these two new tunnels. you can see the sign right now says tunnel closed. but in just a matter of hours folks will be driving through there. this will be the highway 1 bypass at devil's slide. this is a $400 million project that features two bores through the mountain. the tunnels allow drivers to avoid a section of highway 1 that has been notorious for rock slides and mud slides. it has closed the road months at a
for samsung semi conductor. the deal was outlined in a signing ceremony with city hall governor jerry brown, mayor chuck reed, and samsung electronic executive. it includes tax breaks and equipment reimbursements. the city of austin, texas offered similar incentives trying to get samsung to move there. >>> the long awaited devil's slide towns could open as early as today. alex savidge is joining us live in pacifica where the ceremony will be hold in a few hours. alex. >> reporter: after eight years of drilling and digging and building, finally later on today crews are set to unvail these two new tunnels. this is the highway 1 bypass heres at the devil's slide. these tunnels brand new. take a look at them. live this morning. they are just shy of a mile long and they will create a safe and problem free way for people to get between pacifica and the half-moon bay area. this is a $400 million project that features to bores through the mountain. the tunnel allows drivers to avoid a section of highway 1 that has been plagued over the years by mud slides and ro
especially when samsung wants out. over $7 million worth of incentives to say it is money well spent? let's ask our panel. what you think? >> it is lovely to try but i am surprised that san jose has $7 million to give away. but if the state has not been providing an attractive business climate and policies are bad for business in this economy economy, they will go where they need to go. if governor period texas can't attract business and is good for texas and good for period sounds like a short-term bribe. >> you could always wonder if what you did for samsung do for us. >> this creates a cycle that you could call this extortion if you try to seek a better deal to get concessions where you are. but mark my words sam stone -- samsung is thing they are it is a benefit to be in silicon valley a huge pipeline of future talent. neil: but that is the issue. people are leaving. >> not as huge but mark my words this is their attempt to make business bottom line a little bit friendlier for staying in they are extorting the city of san jose and others will follow suit. >> extortion? it is of seriou
. >> thank you. >>> what will it cost to keep samsung in the south bay? plus a show of unity,ty, the hand over secretary of state john kerry made today during his unannounced visit to afghanistan. Ñw? >>> prince harry is scheduled to visit the united states in may. he is expected to play polo in connecticut to raise money for a charity. he plans to visit aural national cemetery and see game -- arlington national cemetery and see games. and he plans to visit with victims of hurricane sandy. >>> secretary of state john kerry smoothed over reports. >> i am confidence the president does not believe the united states has any interest except to see the sal ban make police -- taliban make peace. [ inaudible ] >> does not mean a collusion between the united states and the taliban. >> this meeting came on a day when the united states handed over to the afghans its prison. they decided to the hand-off a year ago but the united states hesitated. >>> they will issue a ruling in 8 hours on whether or not amanda knox will be tried again for murder. amanda knox was not in court for today's six hours of
. and if you're looking for something new to buy, samsung will be happy to oblige. introducing its new galaxy 4 smartphone this week. the phone features a five-inch screen, a larger battery and a screen you don't have to touch, but just hover your fingers over. samsung is apple's main competition in the smartphone market. >>> well, the markets setting new records almost every day, and the federal reserve meeting next week, what could happen next and what should you do with your money? joining me right now to talk than, randy kroszner is the former federal reserve governor and current professor at the university of chicago booth school of business. and jim mcaughan is ceo of principle global investors with $280 billion in assets under gentlemen, it's good to have you on the program. thank you so much for joining us. >> sure. >> so many stories to talk about. jim, every time the dow sets a new high, it's a new record. we have known corporate america is strong, sitting on all of this cash. but is this telling us now that the economy is stronger than we think, or is this just because the federal re
. >> thanks. melissa: the rivalry is heatings up between apple and samsung. sources say samsung is developing a new product similar to a wristwatch that will have many capabilities of a smartphone. this news comes just after samsung released its new galaxy s4 smartphone last thursday and just last month, news about apple experimenting with a smart watch of its own surfaced. samsung and apple are the world's two top mobile device companies. both are developing new products as smartphone sales have begun to slow down. you need a smart watch? lori: i can't keep up with all the technology. moving too fast and furious for me. melissa: there you go. tonight on "money", boone pickens will weigh in whether we are losing advantage in natural gas to china. china is opening up natural gas fueling stations for transportation, like 50 in the u.s. over next year or so. he will join me 5:00 p.m. eastern on fox business because he said years ago we should use natural gas for transportation. a lot of people thought he was talking his book. but turns out he was absolutely right. >> the white house says treasur
to keep samsung in the silicon valley. the city council is expected to approve $7 million in incentives to keep the company from moving to texas. a proposed expansion of samsung's san jose facility would replace existing offices with a modern research and development campus totaling 680,000 square feet in two distinctive 10-story towers. samsung semiconductor has been based in san jose since 1986. watching these gas prices, we are watching gas prices coming up on a kron 4 morning news. a look at your forecast and a live look outside of the bay bridge toll plaza. and a mild start. changes and details coming up 97 >> welcome back. changes for the middle of this week with the forecast. >> yes we can see some sprinkles even tomorrow. the extensive morning fog. cloudy conditions and temperatures are on the mild side. with a 20-30 percent chance for rainfall. the sea breezes will increase and 50's for the coast. saying goodbye to the 70's for the next couple of days. anticipate mostly cloudy conditions with currently 46 out the door for san mateo. mostly cloudy conditions. as for the afternoo
war. today, we have a number of other significant guests who are here with us representing the samsung company from their new jersey headquarters, mr. m.j. han and welcome you here on behalf of the chairman of samsung, and our good friend and long time member of the heritage foundation. we are delighted to have so many members of the diplomatic corps here with us, cambodia is here this morning. the ambassador from the phillipines is here. the ambassador from indonesia is here. we have the d.c.m.'s from a number of our asia-pacific partnership countries, including australia, canada, singapore, thailand and vietnam. we have hong kong's commissioner for economic and trade affairs with us today. and always good to see him. leo lee is here. and i thank all of you for making a special effort to be with us here today to welcome the chairman of the house ommittee on foreign affairs. again, this is a confluence of several anniversaries. the 16th time we have convened to celebrate the life of the late chairman the founder of the samsung group with a major address on asia policy. mr. chairman, to
has not yet issued layoff notices. san jose wants to keep samsung and the silicon valley. the city council is expected to approve 7 million in incentives to keep the company from moving to texas. proposed expansion of samsung san jose facility would replace existing offices with a modern research and development campus totaling 680,000 square feet into distinct attend story towers. samsung semiconductor as a base in san jose since 1986. >> a live look from our roof and van ness ave. clouds and sunshine, we will be right back. me >> welcome back, this just and a caltrans train that has hit a person very service on the northbound caltrans to 11 train is stopped between the mound deal and california avenue stops according to the caltrans twitter feeds. police were at the scene and there is expected to be at 282 our weight according to caltrans. we're waiting on the condition of the person i was hait. this pedestrian was struck in the palo alto area, we will give updates as we get them. >> and parts of the midwest, they got up to a foot of snow. that is stainless missouri. look of the
council is expected to formally approval a $7 million incentive package for samsung semiconductor. the deal was outlined in an august signing ceremony in city hall with governor brown, chuck reed and samsung's executive. the package includes tax breaks and equipment reimbursements. the city of austin, texas was offering similar incentives in an effort to get samsung to move there. >>> sal is back. don't tell me we have caltrain delays, sal. >> we do. as a matter of fact, we do. unfortunately, these delays to be for a while, tori and dave. this is because of a train, a northbound train, 211, apparently hit someone. this is reportedly. we're trying to confirm. northbound train 211 has hit a pedestrian in mountain view. we can go to the maps. i'll show you that the area here that's where the train travels can be delayed for the entire system. the freeway nearby, not all that busy. unfortunately, when there are major caltrain delays, some people choose to drive. you might want to think about that if you are driving on 101 or on 280. we'll get more information on this. this is just com
city council is expected to formally approval a $7 million incentive package for samsung semiconductor. the deal was outlined in an august signing ceremony in city hall with governor brown, chuck reed and samsung's executive. the package includes tax breaks and equipment reimbursements. the city of austin, texas was offering similar incentives in an effort to get samsung to move there. >>> sal is back. don't tell me we have caltrain delays, sal. >> we do. as a matter of fact, we do. unfortunately, these delays to be for a while, tori and dave. this is because of a train, a northbound train, 211, apparently hit someone. this is reportedly. we're trying to confirm. northbound train 211 has hit a pedestrian in mountain view. we can go to the maps. i'll show you that the area here that's where the train travels can be delayed for the entire system. the freeway nearby, not all that busy. unfortunately, when there are major caltrain delays, some people choose to drive. you might want to think about that if you are driving on 101 or on 280.
: in that case, i'm all for it. let's go to apple for a moment. they may be starting to get nervous with samsung launching the galaxy last week. don: here is more on this. >> we're seeing a new side of apple. they're on the defensive as more and more criticisms and comparison come in after that launch of that new samsung galaxy 4 that we talked about extensively on friday. they've updated the website over the weekend, not too aim specifically at one device, just all the competition out there. apple updating the website with a new brag sheet about all the features that the iphone has that others don't. there's the iphone and then there's everything else. some of the things that it is touting, it's j.d. power and associates award, the aluminum case, great battery life without a great big battery itself. it's directing an arrow right at the samsung galaxy four that i mentioned came out last week and some features that it has, it has a plastic, not aluminum casing, a big battery life and a big battery at that. no retina display but many features that the galaxy phone has that the iphone doesn't, inc
the samsung company from their new jersey headquarters, mr.m.j. han. mr. han, we're happy to welcome you here on behalf of the chairman of samsung, our good friend and longtime member of the heritage foundation. we're delighted to have so many members of the diplomatic corps here with us. ambassador hang from cambodia is here this morning, ambassador quishea from the philippines is here, ambassador jalal from indonesia is here. we also have the dcms from a number of our asia-pacific partnerships including australia, japan, singapore, thailand and vietnam. we have hong kong's commissioner for economic and trade affairs, donald tong, with us today, and it's always good to see him. leo lee from tech row is here, and i thank all of you for making a special effort to be with us here today to welcome the chairman of the house committee on foreign affairsment again, this is a confluence of several anniversaries, the 16th time we've convened to celebrate the life of the late chairman cho, the founder of the samsung group with a major address on asian policy. mr. chairman, today you are succeeding a l
of other significant guests who are here with us representing the samsung company from their new jersey headquarters, mr. m.j. han and welcome you here on behalf of the chairman of samsung, and our good friend and long time member of the heritage foundation. we are delighted to have so many
and samsung. they told bloomberg news they've been working on a wrist like watch for a while now. there are reports apple is also developing one but they have not said so. >>> a new york pain are you positive simulate torr judge has cleared the way for twinkies to return to stores. a $400 million deal was approved. this is the largest of five deals concerning the now divideed up host tess company. they were more than a billion dollars in debt when they shut down in november. >>> tonight we're getting a preview of some of the arguments that will be made before the high court. >>> there are light showers falling throughout the bay tonight. we're showing you where the rain is offshore. i.'s going to get wet around here. i'll show you more back here in 10 minutes. well, well, well. growing up, we didn't have u-verse. we couldn't record four shows at the same time. in my day, you were lucky if you could record two shows. and if mom was recording her dumb show and dad was recording his dumb show then, by george, that's all we watched. a
of choice. 28% of the market while samsung has just 7%. both companies way behind apple which commanded 45 mrs% share. concern over european debt overshadowed positive data sending stocks lower. your bloomberg silicon valley index lower on shares of oracle and cisco. and march madness tips into high gear today, one fan is marissa my yes, she tweeted out she set up a bracket and urged torjz come play against her. at bloomberg studios in san francisco, i'm emily chang, back to you. >> thank you. >> two an expedition by jeff besos pulled up engines after lift off he just fell back into the ocean. >> spencer christian is here with weather. >> i think you can hold off three minutes. >> things looking great. great day for a line or not. crowd free sky. winds picking up a little bit. forecast features clear and gusty. this pattern holds into the weekend. here is a look at satellite showing a big strong ridge of high pressure that will continue fosh a while but wind flow is giving us a warm up and producing gusty winds starting at 7:00 this evening. strongest winds along the coastline. notice that
bloomberg silicon valley index higher on shares of apple and mooul mooul and samsung reportedly in talks to sell a dutch sib sid yairy to amazon. the subsidiary makes e reader display technology. the market has been shrinking as more people turn to tablets. have a wonderful weekend. >> the devil's slide tunnels are finally opening and businesses are celebrating in a big way. there is a are businesses expecting a boom because of the access to the coast. it has not forgetten it's did he havit's slide past. the sign of the devil, 666 which is in no way connected with... >> larry beil sth. >> sandhya patel. >> let's take weather. >> it's beautiful. we're going to keep it coming up. >> wonderful. >> no. no. >> in way contacted to is what i wanted to say. >> all right. right now, what this looks like, skies are clear, doesn't look like we're going to be getting rain. looking towards downtown and all we have is blue skies. temperatures 59 in san francisco. check out the view towards ocean beach here. hazy, but it's breezy in parts of the bay area. livermore is 68 so mild. sheer look at what is
that allows for amazing improvement of technology and this is a good way to play samsung and earlier this month they had a huge victory in late-- >> emerges. charles: immersion. that's the thing i grapple with. when they signed this deal earnings go up. a ton of money off this not just samsung, but a lot of other companies and this is a grand slam. stuart: sorry, a grand slam? >> a grand slam. it's a high beta stock and could be more volatile than normal. stuart: what's the name? >> immersion. stuart: immersion. i've got it. new york's mayor mike bloomberg. i jumped the gun. hold on a second. new york's mayor mike bloomberg, he says the poor need guidance and a nanny, dare i suggest that he might be right? here is my take. in obama's world, i am forced to be my brother's keeper. i am taxed to the hilt. i pay the bills for others. i fund medicaid, i fund food stamps. i buy the cell phones and subsidized housing. i pay the heating bills, college costs and pay for just about everything else, including tattoo removal. so, why shouldn't i have some say in the behavior of the people gettin
it could possibly -- what an iwatch could look like. googles is doing this. samsung says they want to get in the game. you know, the idea is do we actually know that this is happening? we have an idea that perhaps it is, but we don't know exactly when it's happening and when we can have them on our wrist. but there are smart watches out there. sony has one out there. there are ones you can actually go get but if you want the iwatch it's not confirmed and we have no date of launch right now. >> i know people who now who don't wear watches. they just use their cell phones. i feel naked without my watch. i'm a tra traditiditionallist. do you think this is the next big thing? >> i use my phone. i don't really wear a watch. you know, so i think it's the kind of thing you have to put out this technology and see how people are going to use it. are people going to be wearing the google glasses? we'll see. maybe more people would wear a smart watch than smart glasses. the idea is that technology is just expanding past your smartphone and it's going to be a matter of who can put out a good concept
is blackberry's device looking to compete with samsung and also with apple. its completely touch screen and lost that keyboard that so many users like. according to com score blackberry has 8% of the smartphone market compared with 50% with android and 34% with apple. blackberry used to have 39% of the share. we do have one of the phones here. looking at it earlier. obviously it's sleek. it's got that 4.2-inch screen, the touch screen that we talked about. it's got an 8 megapixel camera. doesn't have a lot of buttons on it, nothing like the iphone with the home screen and, of course, can you see that it's got the icons for the ap pz as well. 100 apps available at the digital store where there's 700 in the case of the iphone. simon, over to you. >> do you like it, jackie? >> reporter: you know, i liked it, but i think it's going to take a little getting used to. i do have an ipad, used the iphone of friends of mine. intuitively different, tried to make it different on purpose so i think it will take a while to get used to. >> the view on blackberry sales. let's check the bond market at the cme, m
that campaign and that would have been it. >> and where can i meet them? >> he's over there with samsung. the end of power players, how the little guys are making waves on the global stage. so let's break down this play. charles? uh, charles couldn't make it. his single miles card blacked him out here and here. he should have used... the capital one venture card. he's coming to us from home. hey fellas... hey baby, you want mama to iron your undies? nice tightie whities. i didn't know mrs. barkley made quilts. really? looks like a circus tent. is that the best you got? now if you put this, with this, you have a sailboat. what's in your wallet? to get her oven baked taste straight from the microwave. like her oven roasted chicken baked in a rich, creamy alfredo sauce. she calls them her new comfort bakes. marie callender's. it's time to savor. >>> enough already. uncle, mercy. snow continues this morning in many areas of new england over 500 schools have been canceled, many others on delay. auburn, maine, the snow is beginning and won't stop until later on tonight. you could end up with a
, the founder of the samsung group with a major address on asia policy. today your succeeding a long line of distinguished speakers over the years. the first lecture was former secretary of state kissinger , and subsequently we have heard from the senate foreign relations committee, senator jesse helms, from your predecessors on the house foreign affairs committee and donald trump's wealth wealth, colin powell and connolly's a rice and others our last -- last lecture was senator joe lieberman. so we made a contribution to policy makers in terms of policy to asia. this is the 30th anniversary of the foundation of the heritage foundation and asian studies center. when we started it 1983, it was our first dedicated foreign policy center at the heritage foundation. back and asian security was all about what was happening here in the cold war. from that perspective, the study of the soviet union might have made more sense. to as we talked, we talked about the potential it could be conceivable u.s. trade with asia with equal trade across the atlantic. today it is much several times greater than
of san jose is expected to approve a $7 million incentive for samsung to improve its company. it would replace existing offices with a more modern facility. right now the building offers 200,000 square feet of space but the company wants to expand it to 680,000 by building two ten story towers which would employ at least 10,000 people. >>> lowe's is being accused of december crimination. the chronicle is now reporting that six current and former employees have filed a lawsuit in superior court. they say lowe's hired minority employees to comply with an agreement a-- with the lowe's to be built. >>> the college says the boost is meant to help meet the demand for specific classes. more than 980 classes will be offered. the majority being english, math, and science courses. enrollment management was one area of criticism. a final decision on the schools accreditation could be made in june. >>> the golden state warriors are inching closer to a playoff spot. last night they played the first of five straight home games and they knocked off the washington wizards 101-92. steph curry stored 35
question is, is it better than, you know what. the iphone. or even samsung. the android phones. connell: let's talk about farmland now. prices have doubled since 2009. it is leading to the talk that there may be a bubble forming in the markets. dagen: jeff flock is on a farm in grundy county, illinois. it looks cold. jeff: what is hot right now is farmland. i am standing on a piece of ground that will be auctioned tomorrow. i have the man who is going to do it. he has seen a lot of stuff over the years. take a look at these numbers first. that is crops. the increase of price and crops versus the increase of price and farmland. it pretty much years one another. >> it sure does. jeff: if you take a look at a map, it shows you where. right here is one of the highest increases in the country. >> yes. grundy county has some of the highest land prices. jeff: by the way, he draws up in one of his talks. he has an auction is up there. that is where he does it. right in the middle of the field. >> right. we drive right through the farm machinery and sell it that way. jeff: you did not get a bubb
comes from samsung. what a client to have. it is one that people should take a look at. i think it will be a huge when. less than $11. tracy: 66. charles: we are down four or five dollars. i wish i would have jumped on it then. tracy: what does this do to apple? charles: i don't know. tracy: good stuff. we have to go down to washington, d.c. we have breaking news. bernanke speaking. peter barnes got a sneak peek. peter: he wants to talk today about currency. we will have to wait for the q&a for any comments on cyprus and the banking system there. in his remarks, bernanke dismisses critics. he does not mention japan by name, but the yen has tanked since japan announced more stimulus. due to these policies, currency wars, he says that no, the benefits are not created. they, instead from the support for domestic demand. moreover because of stronger growth in each economy. it has the beneficial spillovers to trading partners. there will be a test later. thank you. ashley: there are always two sides of the story. central banks have been doing it all around the world. tracy: i know. p
including products made by samsung, lg. while officials investigate it,t proves how costly cyber crime is. the south korean index is down about 1%, this is shut down in many parts of this nation and something that has really caught the attention of businesses, government officials, the military, etc. in this nation as well. we are seeing it happen more and more across the entire globe. connell: we're definitely talking about it more and more. i wonder, in south korea, this is not exactly news. it may be the political sensitivity of it happening now with north korea, south korea conflict was back in the news so much. >> they do have and they are happening more and more not just in south korea, but across the world. covering some of the cyber attack issues this nation is tackling, businesses are tackling. it is all about the timing and the sensitivity and how pervasive it was. again, broadcasters, television screens going blank, not a military attack, it was financial institutions, something that was so widely ceased by the public is kind of shook everyone confidence. you see stuff like thi
companies we do business with in the united states including samsung, lg and hyundai. it provides another very clear example of just how costly cyber crimes are. in fact south korean index fell 1% today and business halted in many parts of that nation. yet another red flag for us to pay attention to write here. melissa: thank you so much. lori: as we count down to today's fed decision coming at you, one former fed economist says he wants to know how ben bernanke plans to stop pumping money into the economy and what the ramifications will be if he does. melissa: and we may have a deal on capitol hill for the keystone pipeline. lawmakers may be ready to move ahead without the president. and we cross over all-time intraday high for the dow today. look at which stocks are benefiting from the move. flying higher. we will be right back. lori: the federal reserve announcement at the top of the hour, 2:00 p.m. eastern. while my next guest is in expecting policy change, he says we may get some new insight into how long fed chief ben bernanke can keep pumping money into the economy. the chief monet
phone and samsung's galaxy s3. blackberry has a lot of ground to make up. android and apple's ios operating systems make up 70% and 20% of smartphone sales. look at that. the blackberry has just a 3% share here. its success -- the success of the company depends on this one product. >>> another product, miami heat merchandise is hot! just like it's hot streak. a industry report says sales of heat gear are up 30% this year. this comes as the team's winning streak is now at 24 games and counting. but all those lebron james and chris bosh jersey's don't mean much for the heat's bottom line because proceeds from the nba licensed merchandise is split evenly among all 30 teams. did you know that? but clearly, clearly customers want to wear their favorite teams on their backs. >> some. >> protesters took to the streets in cyprus. lawmakers have come up to a plan to raise money by monday or else the european central bank will stop providing cyprus with emergency cash. if a deal goes through it will be the fourth european country to get a bailout. here in the u.s., investors seem to be taking it in stride. f
competing with apple and samsung over the years. its market share is pretty much a pittance compared to its rivals. in the fourth quarter of 2012, blackberry owned about 3.5% of the smartphone market versus 70% for android and 21% for apple's ios. this is really a tough time for the device to come out. the market place is certainly a lot more competitive now compared to previous blackberry launches. reviews have been mostly positive, though, and investors at rim are optimistic too. the company's share price has gone up more than 40% since the start of the year, up roughly 3.5% today. carol? >> zain asher reporting live from new york, thanks so much. >>> coming up, the cast of "the mary tyler moore show" coming back to tv for a star-studded reunion. ♪ who can turn the world on with her smile? ♪ [ female announcer ] what if the next big thing, isn't a thing at all? it's lots of things. all waking up. connecting to the global phenomenon we call the internet of everything. ♪ it's going to be amazing. and exciting. and maybe, most remarkably, not that far away. we're going to wake the worl
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